Redcar Properties plans 203-unit project in Chinatown

Redcar's Highland Hotel project
Redcar's Highland Hotel project

Los Angeles real estate firm Redcar Properties wants to build a 203-unit mixed-used complex in Chinatown, according to city filings.

The developer is planning a 102-foot structure comprising more than 21,000 square feet of retail space as well as apartments on the site, at 643 North Spring Street, Urbanize reported. 

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Redcar, which is based on Spring Street, purchased the site for $14.75 million in early 2016, according to CoStar. The parcel, which spans a little over an acre, is currently occupied by several low-level retail structures. Redcar’s plans also call for parking for 212 cars and 203 bicycles.

Another of the firm’s projects, a 26-unit live-work loft complex known as the Highland Hotel, is under construction on Figueroa Street near Highland Park. [Urbanize]Cathaleen Chen